News by Ahmad Naqib Idris

"This amount is almost three times higher than the figure quoted in Tan Sri Halim Saad's statement," Azman said.

Accordingly, the property developer’s loss per share increased to 1.49 sen from 0.18 sen in the previous year.

"This would not solve the problem of high cost of living but will instead compound the problem."

He said the mere fact that the RM42 million was transacted into Najib’s AmBank accounts does not prove the commission of the offence in the charges. 

The facility was granted by Affin Hwang Investment Bank Bhd, Affin Bank Bhd, Bank Pembangunan Malaysia Bhd and Malaysia Debt Ventures Bhd.

In a filing with the bourse, KIP REIT had acquired AEON Mall Kinta City, which resulted in an unrealised fair value gain of RM13.2 million that was partially offset by expenses incidental to the acquisition of RM3.5 million.

According to the NTP, the government intends to align the planning of urban centres and public transport networks across the NTP 2019, National Urbanisation Policy and the National Housing Policy, and ensure development guidelines integrates land use and public transportation.

In his supporting affidavit, Ng said a public announcement of any adverse decision would gravely affect his reputation as a professional auditor, as well as the audit firm’s reputation.

Some of the initiatives are just extensions of existing programmes, such as Bank Simpanan Nasional’s Youth Housing Scheme, which has been running since 2005, said Datuk Soam Heng Choon.

Lim has previously said, in Parliament, that the government will fund its takeover of the four highways via bond issuances.